Bureau Veritas: 10.3% increase in H1 earnings
(CercleFinance.com) - Bureau Veritas has announced, H1 2019 net income (in adjusted data and after the application of IFRS 16) that is up 10.
3% at 206.6 million euros (0.47 euro per share), with an operating margin that is up 30 points at 15.4%.
The inspection and certification services group posted H1 sales of 2,477 million euros, up 5.9%, including 5.3% growth. at constant exchange rates and 4% in organic terms.
Bureau Veritas has confirmed its outlook for 2019, which includes strong organic sales growth, a continued improvement in its adjusted operating margin at constant currencies, and further strong cash flow generation.
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3% at 206.6 million euros (0.47 euro per share), with an operating margin that is up 30 points at 15.4%.
The inspection and certification services group posted H1 sales of 2,477 million euros, up 5.9%, including 5.3% growth. at constant exchange rates and 4% in organic terms.
Bureau Veritas has confirmed its outlook for 2019, which includes strong organic sales growth, a continued improvement in its adjusted operating margin at constant currencies, and further strong cash flow generation.
Copyright (c) 2019 CercleFinance.com. All rights reserved.